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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,987 | $106,008-47.2% | $92,240-39.3% | $147,586-62.1% |
| Participation rate | 50.0% | 80.4%-30.4pp | 76.5%-26.5pp | 82.8%-32.8pp |
| Annual return | 13.04% | 50.05%-37.0pp | 176.29%-163.3pp | 578.59%-565.6pp |
| Employer contribution / active EE | $405 | $4,333-90.7% | $3,680-89.0% | $4,876-91.7% |
| Participant deferral / active EE | $694 | $4,478-84.5% | $3,897-82.2% | $5,439-87.2% |
| Admin fee / account holder | $0 | $6,333-100.0% | $5,194-100.0% | $10,886-100.0% |